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Aspire Systems - Transforming Core Banking Services

Vendor Analysis

by Andy Efstathiou

published on Sep 09, 2024

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Report Overview:

This NelsonHall vendor assessment analyzes Aspire Systems' offerings and capabilities in core banking services

Who is this Report for:

NelsonHall’s ‘Transforming Core Banking Services’ profile on Aspire Systems is a comprehensive assessment of Aspire Systems’ offerings and capabilities for the core banking sector, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of technology and operational services and identifying vendor suitability for core banking services in RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the support services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Aspire Systems’ BFS-focused core banking service offerings and capabilities and market and financial strength, including:

  • Identification of the company’s strategy, offerings, and new developments
  • Analysis of the company’s strengths, weaknesses, and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and Aspire Systems service components
  • Analysis of the company’s delivery organization including the location of delivery centers.

Key Findings & Highlights:

Aspire Systems is a technology services vendor headquartered in Singapore. Founded in 1996, it specializes in IT services and software engineering. Aspire has 4.9k employees and 275 active clients in the U.S., LATAM, Europe, Middle East, India, and Asia Pacific regions. NelsonHall estimates it will have overall revenues of $150m in FY 2025 (ending March 31, 2025). Its delivery centers are primarily in Chennai, Bengaluru, and Hyderabad, India. It has nearshore and onshore delivery centers in Poland, Mexico, Dallas, and China.

Aspire started providing technology services to the BFS industry eight years ago. It has 60 active banking clients based in all major global geographies. Its services for clients in all industries comprise: 

  • Product engineering and implementation
  • Independent testing services
  • Cloud
  • Data and analytics
  • Infrastructure and application support. 

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